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AmanahRaya Real Estate Investment Trust (XKLS:5127) Quick Ratio : 0.63 (As of Dec. 2024)


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What is AmanahRaya Real Estate Investment Trust Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. AmanahRaya Real Estate Investment Trust's quick ratio for the quarter that ended in Dec. 2024 was 0.63.

AmanahRaya Real Estate Investment Trust has a quick ratio of 0.63. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for AmanahRaya Real Estate Investment Trust's Quick Ratio or its related term are showing as below:

XKLS:5127' s Quick Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.8   Max: 8.45
Current: 0.63

During the past 13 years, AmanahRaya Real Estate Investment Trust's highest Quick Ratio was 8.45. The lowest was 0.37. And the median was 1.80.

XKLS:5127's Quick Ratio is ranked worse than
62.23% of 773 companies
in the REITs industry
Industry Median: 0.93 vs XKLS:5127: 0.63

AmanahRaya Real Estate Investment Trust Quick Ratio Historical Data

The historical data trend for AmanahRaya Real Estate Investment Trust's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AmanahRaya Real Estate Investment Trust Quick Ratio Chart

AmanahRaya Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 2.29 3.13 1.30 0.63

AmanahRaya Real Estate Investment Trust Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.30 1.25 1.78 1.70 0.63

Competitive Comparison of AmanahRaya Real Estate Investment Trust's Quick Ratio

For the REIT - Diversified subindustry, AmanahRaya Real Estate Investment Trust's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AmanahRaya Real Estate Investment Trust's Quick Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AmanahRaya Real Estate Investment Trust's Quick Ratio distribution charts can be found below:

* The bar in red indicates where AmanahRaya Real Estate Investment Trust's Quick Ratio falls into.


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AmanahRaya Real Estate Investment Trust Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

AmanahRaya Real Estate Investment Trust's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(25.78-0)/40.619
=0.63

AmanahRaya Real Estate Investment Trust's Quick Ratio for the quarter that ended in Dec. 2024 is calculated as

Quick Ratio (Q: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(25.78-0)/40.619
=0.63

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AmanahRaya Real Estate Investment Trust  (XKLS:5127) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


AmanahRaya Real Estate Investment Trust Quick Ratio Related Terms

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AmanahRaya Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
348 Jalan Tun Razak, The Intermark, Level 46, Vista Tower, Kuala Lumpur, SGR, MYS, 50400
AmanahRaya Real Estate Investment Trust owns a diverse portfolio of real estate properties and real estate-related assets, including hotels, industrial, education, and office properties. Its objective is to achieve an attractive level of return from rental income and long-term capital growth. The company solely operates in Malaysia. The company's office properties adds upto highest Fair market value in its portfolio followed by Education properties. The Office properties generates major revenue.

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